Iti Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 7
BMSMONEY Rating
Growth Option As On: 24-04-2024
NAV ₹13.31 (R) -0.02% ₹14.54 (D) -0.02%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 25.15% 12.35% -% -% -%
LumpSum Dir. P 27.53% 14.64% -% -% -%
SIP Reg. P 26.31% 12.01% -% -% -%
SIP Dir. P 28.57% 14.13% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.51 0.28 0.64 0.54% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
7.81% -6.84% -8.48% 0.95 5.09%

NAV Date: 24-04-2024

Scheme Name NAV Rupee Change Percent Change
ITI Balanced Advantage Fund - Regular Plan - IDCW Option 12.89
0.0000
-0.0200%
ITI Balanced Advantage Fund - Regular Plan - Growth Option 13.31
0.0000
-0.0200%
ITI Balanced Advantage Fund - Direct Plan - IDCW Option 14.11
0.0000
-0.0200%
ITI Balanced Advantage Fund - Direct Plan - Growth Option 14.54
0.0000
-0.0200%

Review Date: March 28, 2024

Performance of the ITI Balanced Advantage Fund has been analyzed on 18 performance parameters. Out of six return parameters, the fund has two return parameters in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly one risk-adjusted performance parameter is in first quartile. Based on this performance ITI Balanced Advantage Fund has achieved seventh (out of 20 funds), which is good rank in the Dynamic Asset Allocation or Balanced Advantage Fund category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The Dynamic Asset Allocation or Balanced Advantage Fund category has 20 funds.
Using a composite performance score, our ranking methodology takes into account the fund's return, the risk it carries, and its risk-adjusted performance during the last three years. This composite performance score then becomes the basis for ranking funds within the category.

The ITI Balanced Advantage Fund has average return performance, as more than 50% 1 year and above return parameters are above average in Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the ITI Balanced Advantage Fund has given return of -0.16% in last one month which is very poor as it is in the fourth quartile in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the ITI Balanced Advantage Fund has given return of 5.9% in last three month which is very good as it is in the top quartile in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. 1 Year Return%: The ITI Balanced Advantage Fund has given return of 27.55% in last one year which is good as it is above average in Dynamic Asset Allocation or Balanced Advantage Fund. The one year return rank of ITI Balanced Advantage Fund is 9 in 24 funds. The investment of ₹ 10,000 in this fund would have become ₹ 12755.0 in one year.
  4. 3 Year Return%: The ITI Balanced Advantage Fund has given return of 12.02% in last three year which is good as it is above average with return rank of 10 in 19 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. 1 Year SIP Return%: The ITI Balanced Advantage Fund has given return of 10.04% in last one year which is very good as it is in the top quartile with return rank of 6 in 24 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  6. 3 Year SIP Return%: The ITI Balanced Advantage Fund has given return of 12.27% in last three year which is poor as it is in the below average with return rank of 11 in 19 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    7. '
'

The ITI Balanced Advantage Fund has poor risk performance, as non of above risk paramerters are above average Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The ITI Balanced Advantage Fund has standard deviation of 7.81 which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The ITI Balanced Advantage Fund has semi deviation of 5.09 which is poor as it is in the below average with risk rank of 6 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The ITI Balanced Advantage Fund has max drawdown of -8.48% which is very poor as it is in the fourth quartile with risk rank of 10 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The ITI Balanced Advantage Fund has 1Y VaR at 95% of -6.84% which is poor as it is in the below average with risk rank of 6 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The ITI Balanced Advantage Fund has average drawdown of -2.44% which is poor as it is in the below average with risk rank of 8 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    6. '
'

The ITI Balanced Advantage Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Dynamic Asset Allocation or Balanced Advantage Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The ITI Balanced Advantage Fund has Sterling Ratio of 0.64 which is poor as it is in the below average with risk rank of 8 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The ITI Balanced Advantage Fund has Sortino Ratio of 0.28 which is poor as it is in the below average with risk rank of 7 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The ITI Balanced Advantage Fund has Jensen Alpha of 0.54% which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The ITI Balanced Advantage Fund has Treynor Ratio of 0.04 which is poor as it is in the below average with risk rank of 8 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The ITI Balanced Advantage Fund has Modigliani Square Measure of 10.92% which is very poor as it is in the fourth quartile with risk rank of 9 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The ITI Balanced Advantage Fund has Alpha of 2.02% which is very good as it is in the top quartile with risk rank of 2 in 11 funds. in Dynamic Asset Allocation or Balanced Advantage Fund.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 1.18
1.96
1.10 | 3.73 21 | 24
No
No
Yes
3M Return % 4.79
4.54
1.92 | 6.32 13 | 24
Yes
No
No
6M Return % 16.73
14.23
6.52 | 22.40 6 | 24
Yes
Yes
No
1Y Return % 25.15
23.78
12.92 | 39.03 11 | 24
Yes
No
No
3Y Return % 12.35
12.66
7.71 | 25.66 11 | 19
No
No
No
1Y SIP Return % 26.31
22.91
10.24 | 38.69 7 | 24
Yes
No
No
3Y SIP Return % 12.01
12.59
5.46 | 25.07 12 | 19
No
No
No
Standard Deviation 7.81
7.12
4.59 | 10.04 9 | 11
No
No
Yes
Semi Deviation 5.09
4.78
3.16 | 6.56 6 | 11
No
No
No
Max Drawdown % -8.48
-6.01
-10.45 | -1.47 10 | 11
No
No
Yes
VaR 1 Y % -6.84
-6.83
-11.22 | -3.49 6 | 11
No
No
No
Average Drawdown % -2.44
-2.26
-3.35 | -1.00 8 | 11
No
No
No
Sharpe Ratio 0.51
0.54
0.10 | 1.15 8 | 11
No
No
No
Sterling Ratio 0.64
0.74
0.47 | 1.15 8 | 11
No
No
No
Sortino Ratio 0.28
0.29
0.07 | 0.65 7 | 11
No
No
No
Jensen Alpha % 0.54
1.75
-0.53 | 5.67 9 | 11
No
No
Yes
Treynor Ratio 0.04
0.05
0.01 | 0.09 8 | 11
No
No
No
Modigliani Square Measure % 10.92
13.55
8.72 | 20.33 9 | 11
No
No
Yes
Alpha % 2.02
-0.67
-5.43 | 2.38 2 | 11
Yes
Yes
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 1.32 2.06 1.17 | 3.83 20 | 24
No
No
Yes
3M Return % 5.24 4.86 2.22 | 6.62 11 | 24
Yes
No
No
6M Return % 17.76 14.93 6.91 | 22.78 6 | 24
Yes
Yes
No
1Y Return % 27.53 25.34 13.73 | 39.88 8 | 24
Yes
No
No
3Y Return % 14.64 14.09 8.51 | 26.45 7 | 19
Yes
No
No
1Y SIP Return % 28.57 24.45 11.04 | 39.54 5 | 24
Yes
Yes
No
3Y SIP Return % 14.13 13.98 6.24 | 25.85 9 | 19
Yes
No
No
Standard Deviation 7.81 7.12 4.59 | 10.04 9 | 11
No
No
Yes
Semi Deviation 5.09 4.78 3.16 | 6.56 6 | 11
No
No
No
Max Drawdown % -8.48 -6.01 -10.45 | -1.47 10 | 11
No
No
Yes
VaR 1 Y % -6.84 -6.83 -11.22 | -3.49 6 | 11
No
No
No
Average Drawdown % -2.44 -2.26 -3.35 | -1.00 8 | 11
No
No
No
Sharpe Ratio 0.51 0.54 0.10 | 1.15 8 | 11
No
No
No
Sterling Ratio 0.64 0.74 0.47 | 1.15 8 | 11
No
No
No
Sortino Ratio 0.28 0.29 0.07 | 0.65 7 | 11
No
No
No
Jensen Alpha % 0.54 1.75 -0.53 | 5.67 9 | 11
No
No
Yes
Treynor Ratio 0.04 0.05 0.01 | 0.09 8 | 11
No
No
No
Modigliani Square Measure % 10.92 13.55 8.72 | 20.33 9 | 11
No
No
Yes
Alpha % 2.02 -0.67 -5.43 | 2.38 2 | 11
Yes
Yes
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.02 ₹ 9998.0 -0.02 ₹ 9998.0
1W 0.48 ₹ 10048.0 0.51 ₹ 10051.0
1M 1.18 ₹ 10118.0 1.32 ₹ 10132.0
3M 4.79 ₹ 10479.0 5.24 ₹ 10524.0
6M 16.73 ₹ 11673.0 17.76 ₹ 11776.0
1Y 25.15 ₹ 12515.0 27.53 ₹ 12753.0
3Y 12.35 ₹ 14181.0 14.64 ₹ 15068.0
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 26.3085 ₹ 13646.352 28.5724 ₹ 13783.032
3Y ₹ 36000 12.0088 ₹ 43084.26 14.1314 ₹ 44425.872
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
24-04-2024 13.3113 14.5381
23-04-2024 13.3142 14.5405
22-04-2024 13.2948 14.5187
19-04-2024 13.2555 14.4736
18-04-2024 13.2474 14.4642
16-04-2024 13.2305 14.4443
15-04-2024 13.2552 14.4706
12-04-2024 13.3683 14.592
09-04-2024 13.4217 14.6481
08-04-2024 13.4371 14.6642
05-04-2024 13.4179 14.6412
04-04-2024 13.3864 14.6061
03-04-2024 13.377 14.5952
02-04-2024 13.3494 14.5644
01-04-2024 13.3199 14.5315
28-03-2024 13.2341 14.4351
27-03-2024 13.1696 14.3641
26-03-2024 13.1555 14.3481
22-03-2024 13.1558 14.3456
21-03-2024 13.1025 14.2869
20-03-2024 13.0275 14.2044
19-03-2024 12.9895 14.1623
18-03-2024 13.0655 14.2445
15-03-2024 13.0709 14.2483
14-03-2024 13.0938 14.2726
13-03-2024 12.9994 14.169
12-03-2024 13.238 14.4284
11-03-2024 13.2685 14.4609
07-03-2024 13.3411 14.5373
06-03-2024 13.3128 14.5057
05-03-2024 13.3263 14.5198
04-03-2024 13.3294 14.5225
01-03-2024 13.284 14.4709
29-02-2024 13.1917 14.3696
28-02-2024 13.1411 14.3139
27-02-2024 13.2551 14.4374
26-02-2024 13.2621 14.4443
23-02-2024 13.2817 14.4635
22-02-2024 13.2541 14.4328
21-02-2024 13.2005 14.3738
20-02-2024 13.2688 14.4474
19-02-2024 13.2422 14.4177
16-02-2024 13.2281 14.4003
15-02-2024 13.1803 14.3475
14-02-2024 13.1027 14.2625
13-02-2024 13.0328 14.1857
12-02-2024 12.9756 14.1227
09-02-2024 13.0779 14.232
08-02-2024 13.0761 14.2294
07-02-2024 13.0367 14.1858
06-02-2024 13.0139 14.1603
05-02-2024 12.9489 14.089
02-02-2024 13.0026 14.1453
01-02-2024 12.9 14.033
31-01-2024 12.8613 13.9902
30-01-2024 12.7669 13.8869
29-01-2024 12.8141 13.9376
25-01-2024 12.7031 13.8142
24-01-2024 12.7128 13.8241
23-01-2024 12.6328 13.7364
19-01-2024 12.7393 13.8496
18-01-2024 12.6255 13.7252
17-01-2024 12.6859 13.7902
16-01-2024 12.7848 13.897
15-01-2024 12.817 13.9313
12-01-2024 12.759 13.8663
11-01-2024 12.6478 13.7448
10-01-2024 12.6287 13.7233
09-01-2024 12.6236 13.7172
08-01-2024 12.591 13.6811
05-01-2024 12.6221 13.7129
04-01-2024 12.5872 13.6743
03-01-2024 12.5094 13.5892
02-01-2024 12.5113 13.5906
01-01-2024 12.5108 13.5894
29-12-2023 12.497 13.5725
28-12-2023 12.5203 13.597
27-12-2023 12.4936 13.5675
26-12-2023 12.4301 13.4978
22-12-2023 12.4187 13.4828
21-12-2023 12.3537 13.4116
20-12-2023 12.2773 13.3281
19-12-2023 12.4846 13.5524
18-12-2023 12.4736 13.5398
15-12-2023 12.4569 13.5197
14-12-2023 12.3871 13.4434
13-12-2023 12.3031 13.3516
12-12-2023 12.2314 13.2732
11-12-2023 12.2828 13.3283
08-12-2023 12.2289 13.2678
07-12-2023 12.2098 13.2465
06-12-2023 12.2013 13.2366
05-12-2023 12.193 13.227
04-12-2023 12.1024 13.1281
01-12-2023 11.9916 13.0061
30-11-2023 11.927 12.9354
29-11-2023 11.8697 12.8726
28-11-2023 11.7967 12.7928
24-11-2023 11.7688 12.7601
23-11-2023 11.7869 12.7791
22-11-2023 11.8042 12.7972
21-11-2023 11.7988 12.7907
20-11-2023 11.7541 12.7417
17-11-2023 11.7422 12.727
16-11-2023 11.7454 12.7299
15-11-2023 11.6983 12.6782
13-11-2023 11.6148 12.5865
10-11-2023 11.6066 12.5758
09-11-2023 11.6068 12.5754
08-11-2023 11.61 12.5782
07-11-2023 11.5625 12.5262
06-11-2023 11.5228 12.4825
03-11-2023 11.4655 12.4187
02-11-2023 11.4148 12.3633
01-11-2023 11.3761 12.3208
31-10-2023 11.3967 12.3425
30-10-2023 11.4225 12.3698
27-10-2023 11.4206 12.366
26-10-2023 11.3259 12.2628
25-10-2023 11.4031 12.3458
23-10-2023 11.4824 12.4305
20-10-2023 11.6235 12.5814
19-10-2023 11.6141 12.5706
18-10-2023 11.6161 12.5722
17-10-2023 11.655 12.6137
16-10-2023 11.6208 12.5761
13-10-2023 11.6322 12.5866
12-10-2023 11.6441 12.5989
11-10-2023 11.6397 12.5935
10-10-2023 11.593 12.5424
09-10-2023 11.549 12.4942
06-10-2023 11.5988 12.5462
05-10-2023 11.5326 12.474
04-10-2023 11.4889 12.4261
03-10-2023 11.5763 12.5201
29-09-2023 11.5712 12.5122
27-09-2023 11.519 12.4545
26-09-2023 11.477 12.4086
25-09-2023 11.4776 12.4086
22-09-2023 11.481 12.4105
21-09-2023 11.4821 12.4111
20-09-2023 11.5254 12.4573
18-09-2023 11.5952 12.5315
15-09-2023 11.6107 12.5465
14-09-2023 11.5766 12.509
13-09-2023 11.5663 12.4973
12-09-2023 11.5541 12.4836
11-09-2023 11.6345 12.5698
08-09-2023 11.5824 12.5118
07-09-2023 11.5138 12.4371
06-09-2023 11.4665 12.3854
05-09-2023 11.4492 12.3661
04-09-2023 11.4344 12.3496
01-09-2023 11.3221 12.2265
31-08-2023 11.2618 12.1608
30-08-2023 11.2905 12.1911
29-08-2023 11.2744 12.1733
28-08-2023 11.2502 12.1465
25-08-2023 11.2296 12.1226
24-08-2023 11.2811 12.1776
23-08-2023 11.3016 12.1991
22-08-2023 11.2845 12.18
21-08-2023 11.2692 12.1629
18-08-2023 11.2419 12.1317
17-08-2023 11.256 12.1464
16-08-2023 11.2725 12.1636
14-08-2023 11.2568 12.1455
11-08-2023 11.2587 12.1458
10-08-2023 11.289 12.1778
09-08-2023 11.3069 12.1965
08-08-2023 11.2868 12.1742
07-08-2023 11.2952 12.1827
04-08-2023 11.2761 12.1604
03-08-2023 11.222 12.1015
02-08-2023 11.2311 12.1106
01-08-2023 11.3198 12.2057
31-07-2023 11.3145 12.1993
28-07-2023 11.2919 12.1732
27-07-2023 11.3031 12.1847
26-07-2023 11.3101 12.1916
25-07-2023 11.2858 12.1648
24-07-2023 11.2776 12.1554
21-07-2023 11.2882 12.165
20-07-2023 11.3807 12.2642
19-07-2023 11.3325 12.2116
18-07-2023 11.3025 12.1787
17-07-2023 11.3124 12.1887
14-07-2023 11.2684 12.1396
13-07-2023 11.2208 12.0877
12-07-2023 11.2282 12.0951
11-07-2023 11.2353 12.1021
10-07-2023 11.1994 12.0628
07-07-2023 11.2119 12.0746
06-07-2023 11.2749 12.1419
05-07-2023 11.2689 12.1348
04-07-2023 11.255 12.1192
03-07-2023 11.2482 12.1113
30-06-2023 11.2262 12.0859
28-06-2023 11.1606 12.014
27-06-2023 11.1268 11.977
26-06-2023 11.063 11.9078
23-06-2023 11.0236 11.8637
22-06-2023 11.0567 11.8987
21-06-2023 11.084 11.9275
20-06-2023 11.0719 11.9139
19-06-2023 11.0301 11.8684
16-06-2023 11.0348 11.8717
15-06-2023 10.9725 11.8041
14-06-2023 10.9932 11.8258
13-06-2023 10.9762 11.8069
12-06-2023 10.9339 11.7608
09-06-2023 10.9419 11.7678
08-06-2023 10.9614 11.7882
07-06-2023 11.0032 11.8325
06-06-2023 10.9399 11.7638
05-06-2023 10.9098 11.731
02-06-2023 10.9017 11.7205
01-06-2023 10.8581 11.673
31-05-2023 10.8899 11.7067
30-05-2023 10.906 11.7234
29-05-2023 10.8948 11.7108
26-05-2023 10.8397 11.65
25-05-2023 10.7831 11.5885
24-05-2023 10.7645 11.568
23-05-2023 10.772 11.5754
22-05-2023 10.7666 11.569
19-05-2023 10.7499 11.5353
18-05-2023 10.7306 11.514
17-05-2023 10.7623 11.5474
16-05-2023 10.7936 11.5803
15-05-2023 10.8231 11.6114
12-05-2023 10.7968 11.5815
11-05-2023 10.7743 11.5567
10-05-2023 10.7947 11.578
09-05-2023 10.776 11.5573
08-05-2023 10.784 11.5653
05-05-2023 10.7179 11.4926
04-05-2023 10.7772 11.5556
03-05-2023 10.7196 11.4932
02-05-2023 10.7314 11.5053
28-04-2023 10.7103 11.4802
27-04-2023 10.6649 11.4309
26-04-2023 10.636 11.3994
25-04-2023 10.6139 11.3751
24-04-2023 10.6105 11.3708

Fund Launch Date: 09/Dec/2019
Fund Category: Dynamic Asset Allocation or Balanced Advantage
Investment Objective: The investment objective of the Scheme is to seek capital appreciation by investing in equity and equity related securities and fixed income instruments. The allocation between equity instruments and fixed income will be managed dynamically so as to provide investors with long term capital appreciation. However, there can be no assurance that the investment objective of the scheme will be realized.
Fund Description: An open ended dynamic asset allocation fund
Fund Benchmark: CRISIL Hybrid 50+50 “ Moderate Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.